2. Rising concern of a world-wide financial crisis, with sovereign debt at the epicenter.
3. Growing signs of sluggish economic growth in China, which had been one of the few countries immune to economic turmoil.
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5. For the 10 years ending September 23, 2011, the S&P 500 index had a positive average annualized return of 3.6 percent including reinvested dividends.
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7. When bond yields are low, like they are now, dividend paying stocks might be a way to enhance an investor’s current income. <br />Just like any other investment, though, you need to figure out how dividends fit within your overall investment strategy. Are you looking for dividends to provide stability, income, or growth within your portfolio? Or, perhaps it’s some combination of all three. <br />Considering how dividends fit within our clients’ portfolios is just one more way that we’re trying to add value.<br />Weekly Focus – Think About It<br />“Do you know the only thing that gives me pleasure? It's to see my dividends coming in.” <br />--John D. Rockefeller <br />Best regards,<br />Jim Hyre, CFP®<br />Registered Principal<br />P.S. Please feel free to forward this commentary to family, friends, or colleagues. If you would like us to add them to the list, please reply to this e-mail with their e-mail address and we will ask for their permission to be added. <br />Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC.<br />* The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general.<br />* The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. <br />* The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. <br />* Gold represents the London afternoon gold price fix as reported by www.usagold.com.<br />* The DJ/AIG Commodity Index is designed to be a highly liquid and diversified benchmark for the commodity futures market. The Index is composed of futures contracts on 19 physical commodities and was launched on July 14, 1998.<br />* The 10-year Treasury Note represents debt owed by the United States Treasury to the public. Since the U.S. Government is seen as a risk-free borrower, investors use the 10-year Treasury Note as a benchmark for the long-term bond market.<br />* The DJ Equity All REIT TR Index measures the total return performance of the equity subcategory of the Real Estate Investment Trust (REIT) industry as calculated by Dow Jones<br />* Yahoo! Finance is the source for any reference to the performance of an index between two specific periods.<br />* Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. <br />* Consult your financial professional before making any investment decision. <br />* You cannot invest directly in an index. <br />* Past performance does not guarantee future results. mc101507<br />* This newsletter was prepared by PEAK for use by James Hyre, CFP®, registered principal<br />* If you would prefer not to receive this Weekly Newsletter, please contact our office via e-mail or mail your request to 2074 Arlington Ave, Upper Arlington, OH 43221.<br />* The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the forgoing material is accurate or complete. Any opinions are those of Jim Hyre and not necessary those of RJFS or Raymond James. Expressions of opinion are as of this date and are subject to change without notice. This information is not intended as a solicitation or an offer to buy or sell any security to herein. Tax or legal matters should be discussed with the appropriate professional.<br /> <br />Jim Hyre, CFP®<br />Registered Principal<br />Raymond James Financial Services, Inc.<br />Member FINRA/SIPC<br />2074 Arlington Ave.<br />Upper Arlington, OH 43221<br />614.225.9400<br />614.225.9400 Fax<br />877.228.9515 Toll Free<br />www.hyreandassociates.com<br />Find Us Here: <br /> <br />Raymond James Financial Services does not accept orders and/or instructions regarding your account by email, voice mail, fax or any alternate method. 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![. Hyre Weekly Commentary<br />September 26, 2011<br />The Markets<br />The Federal Reserve did “The Twist,” but the financial markets ended up in “A Knot.”<br />In a much anticipated action dubbed “Operation Twist,” the Federal Reserve announced last week it would reshuffle its balance sheet by selling $400 billion of shorter-term Treasury securities and use the proceeds to buy longer-term securities. The Fed said it hopes the action will lower longer-term interest rates and, “contribute to a broad easing in financial market conditions that will provide additional stimulus to support the economic recovery.” <br />So far, as it relates to interest rates, the Fed’s action has worked. The yield on the 30-year Treasury bond declined from 3.2 percent the day before the Fed’s announcement to 2.9 percent just two days later, according to data from Yahoo! Finance. That’s a rather dramatic decline for such a short period.<br />Unfortunately, the stock market failed to respond positively to the Fed’s announcement as the S&P 500 index lost 6.4 percent for the week. The market’s drop, though, went beyond disappointment in the Fed’s action. The following also contributed to the market’s red ink:<br />,[object Object]](https://image.slidesharecdn.com/hyreweeklycommentary-13170627992997-phpapp02-110926134744-phpapp02/85/Hyre-Weekly-Commentary-1-320.jpg)
